Aave Founder: RWA is DeFi's Biggest Opportunity Lately, but Institutional Use of DeFi as a Liquidity Exit Channel Needs to Be Monitored

According to data from DefiLlama and The Block dashboards, Robinhood Chain’s revenue has been on a continuous decline since September 7, with daily revenue falling to $436,306—more than 90% lower than its peak of $5.44 million. Additionally, DEX trading volume on Robinhood Chain dropped to $1.243 billion, down over 50% from its peak of $2.611 billion; gas revenue fell to approximately $800,000, a decrease of 86.7% from its peak of $6.04 million.

Beating AI (Dongcha) News Flash: A top Chinese tech innovation community reports that Yan Wentao, partner at Hillhouse Venture Capital, is poised to join DeepSeek as CFO and take up the role in the coming days. DeepSeek has begun preparations for a STAR Market IPO; CITIC Securities has already entered due diligence, though the two parties have not yet signed a formal listing counseling agreement. DeepSeek intends to kick off its IPO process this year. Yan, a post-90s partner at Hillhouse, has long focused on tech investments, with public portfolio investments including ByteDance, MiniMax, and Zhipu AI. DeepSeek currently lacks a CFO and a formal investor relations team.

UK-listed firm Satsuma Technology sold all 669.4867 bitcoins between July 24 and 31 at a volume-weighted average price of ￡47,667 per BTC, raising ￡31.912 million. The High Court of England and Wales approved on September 8 the cancellation of 11.236 billion Class B shares, and ordered a ￡30.719 million distribution to eligible shareholders, equal to ￡0.002734 per Class B share; each holder of common shares at the record date received one Class B share. After deducting approximately ￡2.6 million in transaction and termination costs and retaining ￡2 million in working capital, the funds are expected to be disbursed by September 28 via check, bank transfer, or CREST. The company had previously planned to delist from London on September 14, but the process has not yet been confirmed as completed.

According to Lookonchain’s monitoring, over the past 10 days, a crypto whale has spent a total of $1.04 million to buy 20.31 million MEME tokens. The holdings are currently valued at approximately $930,000, with an average purchase price of $0.051, and the whale has now become the largest holder of MEME.

Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released the revised text of the CLARITY Act, incorporating an ethics proposal revised with Trump’s approval, while also adjusting provisions related to the Blockchain Regulatory Certainty Act (BRCA), stablecoin yields, and the so-called "Ag Clause." Republicans described this as their "last, best and final" offer to Democrats ahead of a procedural vote on Tuesday. Regarding BRCA, the new text narrows the scope of relevant provisions to the Bank Secrecy Act and civil enforcement, and removes language that would have extended protections to criminal cases, including lawsuits filed under Section 1960. On ethics provisions, Trump agreed to approximately 80% of the Tillis-Gallego proposal as described by Republican aides, including requiring relevant individuals to divest "significant" crypto-related financial interests or place them in blind trusts, while allowing state attorneys general to participate in enforcing ethics rules—a provision the White House had previously opposed. On stablecoin yields, the new text incorporates the "circuit breaker" mechanism proposed by Senator Tillis in July, which would allow federal regulators to intervene if there are signs of large-scale community bank deposits flowing into stablecoins, with Treasury Secretary Bessent responsible for making such determinations. Regarding the "Ag Clause," the revised text further strengthens restrictions on vertical integration, including related-party transactions and conflicts of interest involving digital commodity trading platforms, brokers, and dealers. It also clarifies that state consumer protection laws remain applicable, and specifies that developer protections will not constitute an exemption under derivatives laws nor affect prediction markets.

HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is up 0.76% over the past 24 hours, currently trading at $2,139. Its 24-hour trading volume stands at $9.18 million, with contract open interest reaching $28.95 million.